UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2003
Check here if Amendment [ ]; Amendment Number ____________
This Amendment (Check only one): [ ] is a restatement
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: BancorpSouth, Inc.
Address: One Mississippi Plaza
201 South Spring Street
Tupelo, MS 38804
Form 13F File Number: 28-10453
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true, correct
and complete, and that it is understood that all required items, statements,
schedules, lists and tables are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: James C. Kelly, Jr.
Title: Vice President and Trust Operations Manager
Phone: (601) 944-3583
Signature, Place, and Date of Signing:
/s/ James C. Kelly, Jr. Jackson, Mississippi October 31, 2003
--------------------------- --------------------------- -----------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager: None.
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 568
Form 13F Information Table Value Total: $432,688 (thousands)
LIST OF OTHER INCLUDED MANAGERS:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report. NONE.
2
FORM 13F INFORMATION TABLE
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
DAIMLERCHRYSLER AG ORD D1668R123 1 49 SH SOLE 49 0 0
ACE LIMITED G0070K103 10 311 SH SOLE 311 0 0
INGSOLL-RAND CO CL A BERMUDA G4776G101 344 6447 SH SOLE 5135 0 1312
NOBLE CORP G65422100 15 447 SH SOLE 447 0 0
ROYAL CARIBBEAN CRUISES V7780T103 5 200 SH SOLE 200 0 0
A F L A C INC 001055102 77 2400 SH SOLE 2400 0 0
AGL RESOURCES, INC 001204106 30 1090 SH SOLE 1090 0 0
AES CORPORATION 00130H105 7 1000 SH SOLE 1000 0 0
AOL TIME WARNER 00184A105 489 32407 SH SOLE 31958 0 449
AT&T CORP COM NEW 001957505 118 5517 SH SOLE 5517 0 0
AT&T CORP COM NEW 001957505 2 119 SH DEFINED 119 0 0
AT&T WIRELESS SVCS INC 00209A106 59 7327 SH SOLE 6927 0 400
AT&T WIRELESS SVCS INC 00209A106 1 192 SH DEFINED 192 0 0
ABBOTT LAB 002824100 1316 30958 SH SOLE 27788 0 3170
ABBOTT LAB 002824100 204 4800 SH DEFINED 200 4000 600
ACTUANT CORP CLASS A 00508X203 1 20 SH SOLE 20 0 0
ACXIOM CORP COM 005125109 15 1000 SH SOLE 1000 0 0
ADAMS EXPRESS CO COM 006212104 114 9692 SH SOLE 9692 0 0
ADAPTEC INC 00651F108 3 400 SH SOLE 400 0 0
ADECCO SA SPONS ADR 006754105 3 260 SH SOLE 260 0 0
ADVANCED MICRO DEVICES INC 007903107 6 600 SH SOLE 600 0 0
ADVANCED MICRO DEVICES INC 007903107 2 200 SH DEFINED 200 0 0
AETNA INC COM 00817Y108 6 100 SH DEFINED 0 0 100
AGERE SYSTEM INC-A 00845V100 0 32 SH SOLE 32 0 0
AGERE SYS INC CL B 00845V209 2 793 SH SOLE 793 0 0
AGILENT TECHNOLOGIES, INC. 00846U101 37 1675 SH SOLE 1675 0 0
AGNICO EAGLE MINES 008474108 6 500 SH SOLE 500 0 0
AIR PRODS & CHEMS INC COM 009158106 1 27 SH SOLE 0 0 27
ALCOA INC 013817101 134 5156 SH SOLE 3270 0 1886
ALCOA INC 013817101 13 500 SH DEFINED 500 0 0
ALLEGHENY ENERGY INC 017361106 1 200 SH SOLE 200 0 0
ALLIANCE CAP MGMT HLDG L P 01855A101 66 2000 SH DEFINED 20000 0 0
ALLIED CAP CORP NEW COM 01903Q108 7 315 SH SOLE 315 0 0
ALLSTATE CORP COMMON 020002101 182 4990 SH SOLE 4941 0 49
ALLSTATE CORP COMMON 020002101 22 604 SH DEFINED 310 0 294
ALLTEL CORP 020039103 215 4640 SH SOLE 4640 0 0
ALLTEL CORP 020039103 491 10600 SH DEFINED 10600 0 0
ALTRIA GROUP INC 02209S103 528 12068 SH SOLE 9585 0 2483
AMERICAN EAGLE OUTFITTERS,
INC 02553E106 3 220 SH SOLE 220 0 0
AMERICAN ELECTRIC POWER 025537101 147 4903 SH SOLE 3503 0 1400
AMER EXPRESS CO 025816109 171 3800 SH SOLE 3800 0 0
AMERICAN INTERNATIONAL
GROUP, INC 026874107 325 5633 SH SOLE 3527 0 2106
AMERICAN INTERNATIONAL
GROUP, INC 026874107 10 175 SH DEFINED 175 0 0
AMERICAN ITALIAN PASTA
COMPANY CLASS A 027070101 3 80 SH SOLE 80 0 0
AMERUS LIFE HOLDINGS 03072M108 24 712 SH SOLE 712 0 0
AMERISOURCEBERGEN CORP 03073E105 10 193 SH SOLE 193 0 0
AMATEK INC 031100100 3 80 SH SOLE 80 0 0
AMGEN INC 031162100 198 3071 SH SOLE 2086 0 985
AMGEN INC 031162100 12 200 SH DEFINED 200 0 0
AMSOUTH BANCORPORATION 032165102 1717 80971 SH SOLE 80971 0 0
AMVESCAP PLC ADR 03235E100 1 120 SH SOLE 120 0 0
ANADARKO PETE CORP 032511107 61 1464 SH DEFINED 1464 0
ANALOG DEVICES INC COM 032654105 3 100 SH SOLE 100 0 0
ANHEUSER-BUSCH COMPANIES 035229103 1061 21509 SH SOLE 18719 0 2790
ANHEUSER-BUSCH COMPANIES 035229103 177 3600 SH DEFINED 3600 0 0
ANTHEM INC 03674B104 227 3195 SH SOLE 1940 0 1255
APARTMENT INVT & MGMT CO CL A 03748R101 43 1100 SH SOLE 1100 0 0
APPLE COMP INC 037833100 66 3200 SH DEFINED 3200 0 0
3
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
APPLIED MATERIALS INC 038222105 96 5350 SH SOLE 5350 0 0
ARCH COAL, INC 039380100 4 200 SH SOLE 200 0 0
ARCHER-DANIELS-MIDLAND
COMPANY 039483102 3 279 SH SOLE 279 0 0
ARMOR HOLDINGS, INC 042260109 4 285 SH SOLE 285 0 0
ARVINMERITOR 043353101 0 44 SH SOLE 44 0 0
ASTORIA FINANCIAL CORP 046265104 4 155 SH SOLE 155 0 0
AUTODESK INC 052769106 4 277 SH SOLE 277 0 0
AUTO DATA PROCESS 053015103 186 5200 SH SOLE 5200 0 0
AUTO DATA PROCESS 053015103 78 2200 SH DEFINED 2200 0 0
AUTOZONE 053332102 17 200 SH SOLE 200 0 0
AUTOZONE 053332102 47 530 SH DEFINED 530 0 0
AVAYA INC 053499109 2 227 SH SOLE 227 0 0
AVON PRODUCTS INC COM 054303102 45 700 SH SOLE 700 0 0
AXA-UAP ADR 054536107 4 236 SH SOLE 236 0 0
BP AMOCO PLC SPONSORED
ADR 055622104 425 10117 SH SOLE 10084 0 33
BP AMOCO PLC SPONSORED
ADR 055622104 194 4610 SH DEFINED 4610 0 0
BMC SOFTWARE 055921100 11 797 SH SOLE 797 0 0
BAKER HUGHES INC COM 057224107 14 506 SH SOLE 506 0 0
BALDOR ELEC CO COM 057741100 30026 1422387 SH DEFINED 1422387 0 0
BANCO BILBAO VIZCAYA SP ADR 05946K101 2 285 SH SOLE 285 0 0
BANCORP MS 05969210X 306 14000 SH SOLE 14000 0 0
BANCORPSOUTH INC 059692103 19640 897229 SH SOLE 896229 0 1000
BANCORPSOUTH INC 059692103 2977 136013 SH DEFINED 132747 2592 674
BANK OF AMERICA CORP NEW COM 060505104 652 8360 SH SOLE 6720 0 1640
BANK OF AMERICA CORP NEW COM 060505104 23 300 SH DEFINED 300 0 0
BANK OF THE OZARKS, INC 063904106 2051 46100 SH DEFINED 46100 0 0
BANK OF NEW YORK 064057102 231 7965 SH SOLE 4845 0 3120
BANK ONE CORP COM 06423A103 93 2420 SH SOLE 2420 0 0
BANK ONE CORP COM 06423A103 57 1482 SH DEFINED 0 1482 0
BAXTER INTL INC 071813109 224 7715 SH SOLE 5500 0 2215
BEAR STEARNS COS INC 073902108 103 1381 SH SOLE 1357 0 24
BED BATH & BEYOND 075896100 7 200 SH SOLE 200 0 0
BELLSOUTH CORP 079860102 788 33284 SH SOLE 29979 0 3305
BELLSOUTH CORP 079860102 9 400 SH DEFINED 400 0 0
BERKSHIRE HATHAWAY "A" 084670108 75 1 SH SOLE 1 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 7 3 SH DEFINED 3 0 0
BLACKROCK INVT QUALITY MUNI
TR INC 09247D105 41 3000 SH SOLE 3000 0 0
MF BLACKROCK INCOME TRUST 09247F100 18 2400 SH SOLE 2400 0 0
BLACKSTONE INVESTMENT QUALITY
TERM
TRUST 09247J102 39 4155 SH SOLE 4155 0 0
BLOCK H & R INC COM 093671105 16 375 SH SOLE 348 0 27
BOEING INC 097023105 45 1330 SH SOLE 730 0 600
BORG WARNER AUTOMOTIVE INC 099724106 4 62 SH SOLE 62 0 0
BOSTON SCIENTIFIC 101137107 1 23 SH SOLE 0 0 23
BRISTOL MYERS SQUIBB CO 110122108 529 20638 SH SOLE 20598 0 40
BRISTOL MYERS SQUIBB CO 110122108 15 600 SH DEFINED 600 0 0
BRITISH SKY BROADCASTING GP
PLC SPON ADR 111013108 2 70 SH SOLE 70 0 0
BROWN TOM INC NEW 115660201 2 105 SH SOLE 105 0 0
BUCKEYE TECHNOLOGY INC 118255108 13 1500 SH SOLE 1500 0 0
CBRL GROUP INC COM 12489V106 35 1000 SH SOLE 1000 0 0
CEC ENTMT INC 125137109 33 850 SH SOLE 850 0 0
CIGNA CORPORATION 125509109 9 217 SH SOLE 217 0 0
CLECO CORP COM 12561W105 7 461 SH SOLE 461 0 0
CSK AUTO CORP 125965103 3 250 SH SOLE 250 0 0
CNET NETWORKS INC 12613R104 0 118 SH SOLE 118 0 0
CVS CORP DELAWARE 126650100 10 353 SH SOLE 353 0 0
CADBURY SCHWEPPES PLC ADR 127209302 30 1200 SH SOLE 1200 0 0
CALLAWAY GOLF CO 131193104 5 385 SH SOLE 185 0 200
CAMPBELL SOUP CO COM 134429109 10 400 SH SOLE 400 0 0
CANON INC ADR
REPSTG
5SHRS 138006309 3 70 SH SOLE 70 0 0
CAPITAL ONE FINL CORP COM 14040H105 148 2600 SH SOLE 2600 0 0
CARDINAL HEALTH INC COM 14149Y108 11 200 SH SOLE 200 0 0
CARNIVAL CORP 143658300 6 206 SH SOLE 206 0 0
CATERPILLAR INC 149123101 61 900 SH SOLE 900 0 0
CENDANT CORP COM 151313103 20 1099 SH SOLE 1000 0 99
CENTERPOINT ENERGY INC 15189T107 4 500 SH SOLE 500 0 0
CENTURYTEL, INC 156700106 102 3040 SH SOLE 3040 0 0
CHARTER COMMUNICATIONS INC DEL CL A 16117M107 2 600 SH SOLE 600 0 0
4
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
CHECKPOINT SYSTEMS 162825103 15 1000 SH SOLE 1000 0 0
CHEVRONTEXACO CORP 166764100 933 13063 SH SOLE 11683 0 1380
CHEVRONTEXACO CORP 166764100 94 1327 SH DEFINED 1327 0 0
CINERGY 172474108 4 114 SH SOLE 75 0 39
CISCO SYS INC 17275R102 751 38342 SH SOLE 34217 0 4125
CISCO SYS INC 17275R102 27 1400 SH DEFINED 800 0 600
CITIGROUP, INC 172967101 919 20204 SH SOLE 17546 0 2658
CITIGROUP, INC 172967101 369 8117 SH DEFINED 8117 0 0
CITIZENS HOLDING COMPANY 174715102 3020 158987 SH SOLE 158987 0 0
CLEAR CHANNEL COMMUNICATIONS 184502102 3 100 SH SOLE 100 0 0
COCA COLA BOTTLING CO CONS COM 191098102 21 420 SH SOLE 420 0 0
COCA COLA CO 191216100 1124 26182 SH SOLE 23777 0 2405
COCA COLA CO 191216100 60 1400 SH DEFINED 400 1000
COCA COLA ENTERPRISES INC COM 191219104 45 2400 SH SOLE 2400 0 0
COLGATE-PALMOLIVE CO 194162103 229 4112 SH SOLE 4112 0 0
COLGATE-PALMOLIVE CO 194162103 11 200 SH DEFINED 0 0 200
COLONIAL BANCGROUP INC 195493309 1 90 SH SOLE 90 0 0
COLONIAL HIGH INCOME
MUNICIPAL TRUST 195743109 1 200 SOLE 200 0 0
COMCAST CORP NEW CL
ACOM 20030N101 186 6060 SH SOLE 6060 0 0
COMCAST CORP NEW CL A
COM 20030N101 2 80 SH DEFINED 80 0 0
COMMSCOPE INC 203372107 12 1000 SH SOLE 1000 0 0
COMPUTER SCIENCES
CORPORATION COMMON 205363104 3 99 SH DEFINED 0 0 99
CONEXANT SYS INC COM 20714200 0 176 SH SOLE 176 0 0
CONOCO PHILLIPS 20825C104 290 5314 SH SOLE 4288 0 1026
CONSECO STRATEGIC INC FD SH BEN
INT 20847A102 8 866 SH SOLE 866 0 0
CONSTELLATION ENERGY CORP 210371100 5 150 SH SOLE 150 0 0
COOPER TIRE & RUBBER CO 216831107 253 15953 SH SOLE 14953 0 1000
COOPER TIRE & RUBBER CO 216831107 1 100 SH DEFINED 100 0 0
COSTCO WHOLESALE CORP 22160K105 13 445 SH SOLE 445 0 0
COX COMMUNICATIONS CL A 224044107 3 100 SH DEFINED 100 0 0
CRESCENT REAL ESTATE EQUITIE COM 225756105 2 200 SH SOLE 200 0 0
CROSS COUNTRY HEALTHCARE,
INC 227483104 3 280 SH SOLE 280 0 0
CYTYC CORPORATION 232946103 2 175 SH SOLE 175 0 0
DNP SELECT INCOME FD INC 23325P104 11 1100 SH DEFINED 1100 0 0
DANAHER CORP DEL COM 235851102 229 3105 SH SOLE 1885 0 1220
DANKA BUSINESS SYS PLC SPONSORED
ADR 236277109 12 5000 SH SOLE 5000 0 0
DEERE & CO 244199105 79 1500 SH SOLE 1500 0 0
DEL MONTE FOODS COM 24522P103 1 121 SH SOLE 121 0 0
DELPHI AUTO SYSTEMS 247126105 2 250 SH SOLE 250 0 0
DELTA & PINE LD CO COM 247357106 11 509 SH SOLE 509 0 0
DELTIC TIMBER INC 247850100 182 6324 SH SOLE 6324 0 0
DELTIC TIMBER INC 247850100 18660 645471 SH DEFINED 242423 403048 0
DEVON ENERGY CORP NEW COM 25179M103 3 82 SH SOLE 82 0 0
DIAL CORPORATION 25247D101 7 348 SH SOLE 348 0 0
WALT DISNEY CO 254687106 248 12323 SH SOLE 8668 0 3655
WALT DISNEY CO 254687106 4 200 SH DEFINED 200 0 0
DOMINION RES INC VA NEW 25746U109 1 25 SH SOLE 25 0 0
DOW CHEMICAL CO 260543103 77 2383 SH SOLE 2383 0 0
DOW CHEMICAL CO 260543103 15 483 SH DEFINED 483 0 0
DREYFUS STRATEGIC MUNICIPALS
INC 261932107 19 2086 SOLE 2086 0 0
DREYFUS MUNICIPAL INCOME INC 26201R102 17 1832 SOLE 1832 0 0
DU PONT EI D NEMOURS & CO 263534109 80 2011 SH SOLE 1980 0 31
DU PONT EI D NEMOURS & CO 263534109 4 100 SH DEFINED 100 0 0
DUKE ENERGY CORP COM 264399106 59 3364 SH SOLE 3364 0 0
DYNEX CAP INC COM NEW 26817Q506 0 106 SH DEFINED 106 0 0
E-LOAN INC 26861P107 3 1000 SH SOLE 1000 0 0
EMC CORP 268648102 23818 18880 SH SOLE 12945 0 5935
EMC CORP 268648102 50 4000 SH DEFINED 4000 0 0
ENSCO INTERNATIONAL INC 26874Q100 10 396 SH SOLE 322 0 74
E TRADE GROUP INC 269246104 37 4000 SH SOLE 4000 0 0
EASTMAN KODAK CO 277461109 20 1000 SH SOLE 1000 0 0
5
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
EASTMAN KODAK CO 277461109 2 125 SH DEFINED 125 0 0
EATON CORP COM 278058102 280 3165 SH SOLE 2450 0 715
ECHOSTAR COMMUN 278762109 19 500 SH SOLE 500 0 0
EDWARDS LIFESCIENCES CORP 28176E108 6 240 SH SOLE 240 0 0
EL PASO CORPORATION 28336L109 1 212 SH SOLE 212 0 0
ELAN CORP PLC ADR 284131208 0 100 SH SOLE 100 0 0
ELECTRONIC DATA SYS CORP NEW 285661104 12 642 SH SOLE 550 0 92
EMCOR GROUP INC 29084Q100 2 50 SH SOLE 50 0 0
EMERSON ELECTRIC CO 291011104 115 2200 SH SOLE 2200 0 0
ENCYSIVE PHARMACEUTICALS INC COM 29256X107 0 100 SH SOLE 100 0 0
ENCORE WIRE CORP COM 292562105 282 21300 SH SOLE 13900 0 7400
ENGELHARD CORP 292845104 6 253 SH DEFINED 0 0 253
ENTERASYS NETWORKS INC 293637104 0 200 SH SOLE 200 0 0
ENTERGY CORP 29364G103 285 5274 SH SOLE 4249 0 1025
ENTERGY CORP 29364G103 32 593 SH DEFINED 593 0 0
EQUITY INNS, INC 294703103 11 1500 SH DEFINED 1500 0 0
EQUITY RESIDENTIAL PPTYS SBI 29476L107 12 436 SH SOLE 436 0 0
ESTERLINE TECHNOLOGIES CORP 297425100 3 185 SH SOLE 185 0 0
EXXON MOBIL CORP 30231G102 5465 149364 SH SOLE 148344 0 1020
EXXON MOBIL CORP 30231G102 976 26676 SH DEFINED 16476 4700 5500
FPL GROUP INC 302571104 216 3430 SH SOLE 2095 0 1335
FED HMN LN MTG CORP VOTING
COM 313400301 13 250 SH SOLE 250 0 0
FNMA COM 313586109 84 1200 SH SOLE 1200 0 0
FEDERATED DEPT STORES INC 31410H101 1 41 SH SOLE 0 0 41
FEDEX CORPORATION 31428X106 96 1500 SH SOLE 1500 0 0
FEDEX CORPORATION 31428X106 6 100 SH DEFINED 100 0 0
FIRST DATA CORP COM 319963104 1 40 SH SOLE 0 0 40
FIRST INDL RLTY TR INC 32054K103 14 450 SH SOLE 450 0 0
FIRST M & F CORP 320744105 46 1293 SH SOLE 1293 0 0
FIRST TENNESSEE NATIONAL
CORP 337162101 300 7082 SH SOLE 7082 0 0
FISERV INC 337738108 183 5045 SH SOLE 3065 0 1980
FIRSTMERIT CORP 337915102 1 75 SH SOLE 75 0 0
FLEET BOSTON CORP 339030108 29 976 SH SOLE 976 0 0
FORD MOTOR COMPANY COMMON 345370860 30 2830 SH SOLE 2830 0 0
FORD MOTOR COMPANY COMMON 345370860 7 700 SH DEFINED 700 0 0
FOREST LABS 345838106 13 266 SH SOLE 266 0 0
FORREST OIL CORP 346091705 129 5400 SH SOLE 0 0 5400
FORRESTER RESEARCH INC 346563109 3 235 SH SOLE 235 0 0
FULTON FINANCIAL CORP -PA 360271100 4 205 SH SOLE 205 0 0
FURNITURE BRANDS INTL 360921100 4 185 SH SOLE 185 0 0
GSI COMMERCE INC 36238G102 0 29 SH SOLE 29 0 0
GAP INC DEL COM 364760108 26 1562 SH SOLE 1500 0 62
GENERAL ELECTRIC CO 369604103 2382 79943 SH SOLE 79568 0 375
GENERAL ELECTRIC CO 369604103 83 2800 SH DEFINED 1600 0 1200
GENERAL MLS INC COM 370334104 18 397 SH SOLE 370 0 27
GENERAL MLS INC COM 370334104 0 20 SH DEFINED 0 0 20
GEN MTR CORP 370442105 23 571 SH SOLE 540 0 31
GENOME THERAPEUTICS CORP COM 372430108 3 1000 SH SOLE 0 0 1000
GEORGIA PAC CORP 373298108 40 1660 SH SOLE 1660 0 0
GILLETTE CO 375766102 89 2806 SH SOLE 2806 0 0
GILLETTE CO 375766102 111 3485 SH DEFINED 3485 0 0
GLAXO WELLCOME PLC SPONSORED
ADR 37733W105 17 405 SH SOLE 305 0 100
GOLDMAN SACHS GROUP 38141G104 14 178 SH SOLE 178 0 0
GOODYEAR TIRE & RUBBER 382550101 3 526 SH SOLE 526 0 0
GREAT LAKES CHEM CORP COM 390568103 35 1785 SH DEFINED 1785 0 0
GREAT PLAINS ENERGY INC 391164100 56 1855 SH SOLE 1855 0 0
GUIDANT CORP COM 401698105 112 2405 SH SOLE 2405 0 0
HCA INC. 404119109 101 2743 SH SOLE 2743 0 0
HCC INSURANCE HOLDINGS, INC 404132102 4 155 SH SOLE 155 0 0
HALLIBURTON CO COM 406216101 19 800 SH SOLE 800 0 0
HANCOCK FABRICS 409900107 25 1600 SH SOLE 1600 0 0
HANCOCK HLDG CO CAP VALUE 410120109 214 4345 SH SOLE 4345 0 0
CEF HANCOCK JOHN PFD 41013X106 9 400 SH SOLE 400 0 0
JOHN HANCOCK 41014S106 9 285 SH SOLE 285 0 0
HARLEY DAVIDSON INC COM 412822108 17 355 SH SOLE 355 0 0
HARRIS CORP 413875105 50 1400 SH SOLE 1400 0 0
6
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
HARTFORD FNCL SV GRP INC COM 416515104 13 250 SH DEFINED 250 0 0
HASBRO, INC 418056107 14 787 SH DEFINED 787 0 0
HEADWATERS INC 42210P102 4 305 SH SOLE 305 0 0
HEINZ H J CO COM 423074103 9 273 SH SOLE 273 0 0
HERSHEY FOODS CORP 427866108 179 2475 SH SOLE 1490 0 985
HEWLETT PACKARD CO 428236103 448 23160 SH SOLE 20270 0 2890
HEWLETT PACKARD CO 428236103 7 400 SH DEFINED 0 0 400
HIBERNIA CORP 428656102 6232 307778 SH SOLE 306878 0 900
HIBERNIA CORP 428656102 18 900 SH DEFINED 900 0 0
HIGH INCOME OPPORTUNITY FD 42967Q105 17 2500 SH SOLE 2500 0 0
HILB ROGAL & HAMILTON
COMPANY 431294107 3 102 SH SOLE 102 0 0
HOME DEPOT 437076102 487 15325 SH SOLE 15325 0 0
HOME DEPOT 437076102 48 1532 SH DEFINED 1532 0 0
HONEYWELL INTL INC 438516106 24 925 SH SOLE 925 0 0
HUBBELL INC CL B 443510201 36 1000 SH SOLE 1000 0 0
HUDSON UNITED BANCORP 444165104 1 45 SH SOLE 45 0 0
ICN PHARMACEUTICALS INC NEW COM 448924100 9 525 SH SOLE 0 0 525
ING PRIME RATE TR SH BEN INT 44977W106 99 13907 SH SOLE 13907 0 0
ILLINOIS TOOL WORKS INC 452308109 5 76 SH SOLE 76 0 0
IMPERIAL TOBACCO PLC SPON ADR 453142101 2 90 SH SOLE 90 0 0
ING GROEP N V 456837103 10 548 SH SOLE 548 0 0
INSIGHT ENTERPRISES INC COM 45765U103 42 2775 SH SOLE 2775 0 0
INPUT/OUTPUT INC 457652105 3 835 SH SOLE 835 0 0
INTEL CORP CAP 458140100 1513 54984 SH SOLE 48299 0 6685
INTEL CORP CAP 458140100 104 3780 SH DEFINED 2980 0 800
IBM CORP 459200101 1652 18705 SH SOLE 16864 0 1841
IBM CORP 459200101 41 475 SH DEFINED 475 0 0
INTL PAPER CO 460146103 221 5667 SH SOLE 3999 0 1668
INTL PAPER CO 460146103 35 900 SH DEFINED 0 900 0
IONICS, INC 462218108 3 155 SH SOLE 155 0 0
JDS UNIPHASE CORP COM 46612J101 0 120 SH SOLE 120 0 0
J P MORGAN CHASE & CO 46625H100 111 3249 SH SOLE 3182 0 67
J P MORGAN CHASE & CO 46625H100 51 1500 SH DEFINED 1500 0 0
JANUS CAPITAL GROUP INC. 47102X105 8 600 SH SOLE 600 0 0
JOHNSON & JOHNSON 478160104 2033 41062 SH SOLE 39607 0 1455
JOHNSON & JOHNSON 478160104 440 8900 SH DEFINED 5000 1200 2700
JOHNSON CONTROLS INC 478366107 271 2865 SH SOLE 1850 0 1015
KLA TENCOR CORP 482480100 5 100 SH SOLE 100 0 0
KELLOGG CO 487836108 6 200 SH SOLE 200 0 0
KIMBERLY-CLARK CORP 494368103 25 500 SH SOLE 500 0 0
KIMBERLY-CLARK CORP 494368103 20 400 SH DEFINED 400 0 0
KINDER MORGAN ENERGY
PARTNERS, L.P 494550106 52 1232 SH SOLE 1232 0 0
KOHL'S CORP 500255104 144 2700 SH SOLE 2700 0 0
KONINKLIJKE PHLPS ELECTRSN V SP ADR
NEW 500472303 5 219 SH SOLE 155 0 64
KROGER CO 501044101 195 10948 SH SOLE 6953 0 3995
LSI LOGIC CORP COM 502161102 3 400 SH SOLE 400 0 0
LA QUINTA CORP PAIRED CTF1 COM LA
QUINTA 50419U202 2 389 SH SOLE 389 0 0
LAFARGE SPONSORED ADR 505861401 2 180 SH SOLE 180 0 0
ESTEE LAUDER CO 518439104 20 600 SH DEFINED 600 0 0
LEHMAN BROTHERS HOLDINGS COM 524908100 255 3695 SH SOLE 2500 0 1195
LEVEL 3 COMMUNICATIONS INC 52729N100 32 6037 SH SOLE 6037 0 0
LEXMARK INTL NEW CL A 529771107 341 5412 SH SOLE 3428 0 1984
THE LIBERTY CORPORATION 530370105 100 2400 SH SOLE 2400 0 0
ELI LILLY & CO 532457108 496 8360 SH SOLE 7050 0 1310
ELI LILLY & CO 532457108 89 1500 SH DEFINED 1500 0 0
LIMITED BRANDS, INC 532716107 7 515 SH SOLE 515 0 0
LINCOLN NATIONAL CORP IND 534187109 1 35 SH SOLE 0 0 35
LOCKHEED MARTIN CORP 539830109 4 100 SH SOLE 100 0 0
LOEWS CORP 540424108 1 34 SH SOLE 0 0 34
LOWES CO INC 548661107 608 11725 SH SOLE 8860 0 2865
LUCENT TECHNOLOGIES 549463107 49 23205 SH SOLE 23005 0 200
LUCENT TECHNOLOGIES 549463107 4 2000 SH DEFINED 2000 0 0
M & T BANK CORP 55261F104 174 2000 SH SOLE 2000 0 0
MFS INTER INCOME TR SH BENINT 55273C107 6 1000 SH SOLE 1000 0 0
MGNA ENTMT CORP 559211107 0 20 SH SOLE 20 0 0
MANULIFE FINANCIAL CORP 56501R106 1105 38281 SH SOLE 38281 0 0
MARATHON OIL CORP 565849106 1 54 SH SOLE 0 0 54
7
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
MARSH & MCLENNAN 571748102 139 2928 SH SOLE 1720 0 1208
MAXIM INTEGRATED PRODUCTS
INC 57772K101 14 356 SH SOLE 356 0 0
MAY DEPARTMENT STORES CO 577778103 8 335 SH SOLE 335 0 0
MCCORMICK & CO 579780206 158 5800 SH SOLE 3415 0 2385
MCDATA CORP CLASS A 580031201 0 73 SH DEFINED 73 0 0
MCDONALD'S CORP 580135101 87 3700 SH SOLE 3700 0 0
MEADWESTVACO CORP 583334107 39 1547 SH SOLE 1547 0 0
MEDIMMUNE INC COM 584699102 2 75 SH SOLE 75 0 0
MEDTRONIC INC COM 585055106 16 360 SH SOLE 360 0 0
MELLON FINL CORP 58551A108 24 800 SH SOLE 800 0 0
MERCK & CO INC 589331107 1441 28489 SH SOLE 26606 0 1883
MERCK & CO INC 589331107 83 1650 SH DEFINED 1650 0 0
MERRILL LYNCH & CO, INC 590188108 17 320 SH SOLE 320 0 0
METLIFE INC COM 59156R108 74 2660 SH SOLE 2660 0 0
MICROSOFT CORP 594918104 789 28419 SH SOLE 28104 0 315
MICROSOFT CORP 594918104 22 800 SH DEFINED 0 0 800
MICRON TECHNOLOGY 595112103 26 2000 SH SOLE 2000 0 0
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MIDAS GROUP INC 595626102 8 666 SH SOLE 666 0 0
MILLER HERMAN INC COM 600544100 77 3385 SH SOLE 3385 0 0
MIRANT CORP 604675108 1 2698 SH SOLE 2698 0 0
MONSANTO CO. (NEW) 61166W101 4 187 SH SOLE 187 0 0
MONSANTO CO. (NEW) 61166W101 5 235 SH DEFINED 150 0 85
MOODYS CORP 615369105 33 602 SH SOLE 602 0 0
MORGAN STANLEY DEAN WITTER
DISCOVER & CO 617446448 369 7316 SH SOLE 6000 0 1316
MORGAN STANLEY DEAN WITTER
DISCOVER & CO 617446448 13 260 SH DEFINED 260 0 0
MOTOROLA INC 620076109 123 10308 SH SOLE 10103 0 205
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LLC - GROWTH SH 62624B101 137 5600 SH SOLE 5600 0 0
MUNIHOLDINGS INSD FD 62625A102 13 1000 SOLE 1000 0 0
MUNIVEST FD INC COM 626295109 45 5000 SOLE 5000 0 0
MURPHY OIL CORP COM 626717102 4397 74858 SH SOLE 73503 0 1355
MURPHY OIL CORP COM 626717102 273205 4650306 SH DEFINED 2068366 2581940 0
MYLAN LABORATORIES INC 628530107 84 2197 SH SOLE 2197 0 0
NBC CAP CORP 628729105 129 5333 SH SOLE 5333 0 0
NCR CORP NEW 62886E108 2 64 SH SOLE 64 0 0
NASDAQ 100 TRUST 631100104 6 200 SH SOLE 200 0 0
NATIONAL COMM FINL CORP 63545P104 64 2600 SH SOLE 2600 0 0
NEWELL RUBBERMAID INC 651229106 14 692 SH SOLE 692 0 0
NEWS CORP LTD ADR 652487703 1 44 SH SOLE 0 0 44
NICOR INC COM 654086107 17 500 SH SOLE 500 0 0
NIKE INC CLASS B 654106103 52 860 SH SOLE 860 0 0
NIPPON TEL & TEL SPON ADR 654624105 3 155 SH SOLE 155 0 0
NISOURCE INC 65473P105 159 7980 SH SOLE 4825 0 3155
NOKIA CORP SPND ADR 654902204 223 14303 SH SOLE 9923 0 4380
NOBLE ENERGY INC 655044105 38 1000 SH SOLE 1000 0 0
NOMURA HOLDINGS INC ADR 65535H208 4 270 SH SOLE 270 0 0
NORFOLK SO CORP 655844108 26 1434 SH SOLE 1434 0 0
NORTEL NETWORK CORP NEW 656568102 20 5000 SH SOLE 5000 0 0
NORTHERN BORDER LP 664785102 43 1000 SH SOLE 1000 0 0
NORTHERN TRUST COMPANY NTRS 665859104 75 1780 SH SOLE 1780 0 0
NORTHERN TRUST COMPANY NTRS 665859104 152 3600 SH DEFINED 3600 0 0
NORTHRUP GRUMMAN 666807102 1 23 SH SOLE 0 0 23
NORTHWESTERN CORPORATION 668074107 0 330 SH SOLE 330 0 0
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NU SKIN ENTERPRISES INC CLASS A 67018T105 5 395 SH SOLE 395 0 0
NUVEEN INSD PREMIUM INCOME MUNI FD 6706D8104 4 338 SOLE 338 0 0
NUVEEN MUNICIPAL MARKET OPP 67062W103 50 3529 SOLE 3529 0 0
OKLAHOMA GAS & ELEC
ENERGYCORP 670837103 22 1000 SH SOLE 1000 0 0
NUVEEN QUALITY INCOME MUNI 670977107 7 500 SH SOLE 500 0 0
8
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
NUVEEN PREMIER MUNICIPAL INC 670988104 22 1565 SH SOLE 1565 0 0
OSI PHARMACEUTICALSINC COM 671040103 0 5 SH SOLE 5 0 0
OCCIDENTAL PETE COR DEL 674599105 17 500 SH SOLE 500 0 0
OCWEN FINANCIAL CORP 675746101 3 880 SH SOLE 880 0 0
OFFICEMAX INC 67622M108 9 1000 SH SOLE 1000 0 0
OHIO CASUALTY CORP 677240103 3 225 SH SOLE 225 0 0
OLIN CORP 680665205 2 166 SH DEFINED 166 0 0
OMNICOM GROUP 681919106 21 300 SH SOLE 300 0 0
ORACLE SYSTEMS CORP 68389X105 126 11255 SH SOLE 6910 0 4345
PNC BANK CORP 693475105 1 29 SH SOLE 0 0 29
PPG INDUSTRIES INC 693506107 32 626 SH SOLE 600 0 26
PACTIV COPR 695257105 43 2146 SH SOLE 2146 0 0
PAYCHEX INC 704326107 5 150 SH SOLE 150 0 0
PCCW LTD SONSORED ADR 70454G207 3 494 SH DEFINED 494 0 0
PENTAIR INC 709631105 3 80 SH SOLE 80 0 0
PEOPLES ENERGY CORP COM 711030106 20 500 SH DEFINED 500 0 0
PEOPLES HLDG CO COM 711148106 16 367 SH SOLE 367 0 0
PEOPLES HLDG CO COM 711148106 22 500 SH DEFINED 500 0 0
PEPCO HLDGS INC 713291102 7 457 SH SOLE 457 0 0
PEPSIAMERICAS INC 71343P200 57 4000 SH SOLE 4000 0 0
PEPSICO INC COM 713448108 1473 32156 SH SOLE 31891 0 265
PEPSICO INC COM 713448108 97 2130 SH DEFINED 430 1100 600
PFIZER INC 717081103 1699 55958 SH SOLE 55511 0 447
PFIZER INC 717081103 164 5417 SH DEFINED 3817 0 1600
PHELPS DODGE CORP COM 717265102 23 500 SH DEFINED 500 0 0
THE PHOENIX COMPANIES 71902E109 12 1051 SH SOLE 1051 0 0
PITNEY BOWES INC COM 724479100 8 220 SH SOLE 220 0 0
PLACER DOME INC 725906101 2 170 SH SOLE 170 0 0
POPE & TALBOT INC DELAWARE 732827100 3 220 SH SOLE 220 0 0
POTLATCH CORP COM 737628107 4 150 SH SOLE 150 0 0
POWER TECHNOLOGIES 739363109 4 665 SH SOLE 665 0 0
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PRINCIPAL FINANCIAL GROUP 74251V102 51 1671 SH SOLE 1621 0 50
PROCTER & GAMBLE CO COM 742718109 1239 13356 SH SOLE 12076 0 1280
PROCTER & GAMBLE CO COM 742718109 129 1400 SH DEFINED 1400 0 0
PROGRESS ENERGY INC COM 743263105 10 232 SH SOLE 232 0 0
PRUDENTIAL FINANCIAL 744320102 140 3773 SH SOLE 3773 0 0
PUBLIC SVC ENTERPRISE GROUP
INC 744573106 1 34 SH SOLE 0 0 34
PUBLIC STORAGE, INC REIT 74460D109 7 180 SH SOLE 180 0 0
PUTNAM MANAGED MUNICIPAL
INCOME TRUST 746823103 3 500 DEFINED 0 0 500
PUTNAM MASTER INTER INCR 746909100 7 1150 SH SOLE 1150 0 0
QLOGIC CORP COM 747277101 49 1053 SH SOLE 1053 0 0
QUALCOMM INC 747525103 8 200 SH SOLE 200 0 0
QUANTA SERVICES, INC 74762E102 6 730 SH SOLE 730 0 0
QWEST COMMUNICATIONS INTL
INC COM 749121109 7 2104 SH SOLE 2104 0 0
RALCORP HOLDINGS NEW COM 751028101 1 66 SH DEFINED 0 0 66
RARE HOSPITALITY INTL INC 753820109 2 120 SH SOLE 120 0 0
RAYOVAC CORP 755081106 2 180 SH SOLE 180 0 0
RAYTHEON CO NEW 755111507 157 5630 SH SOLE 3780 0 1850
REED ELSEVIER PLC SPON ADR 758205108 2 85 SH SOLE 85 0 0
REGIONS FNCL CORP 758940100 609 17800 SH SOLE 16600 0 1200
REGIONS FNCL CORP 758940100 61 1786 SH DEFINED 0 1786 0
RELIANT RESOURCES INC 75952B105 2 394 SH SOLE 394 0 0
RELIANT RESOURCES INC 75952B105 10 2022 SH DEFINED 2022 0 0
REMINGTON OIL & GAS CORP COM 759594302 29 1600 SH SOLE 1600 0 0
RIO TINTO GBP 767204100 3 40 SH SOLE 40 0 0
RIVERSTONE NETWORKS INC 769320102 0 102 SH SOLE 102 0 0
ROCKWELL INTL CORP NEW 773903109 4 177 SH SOLE 177 0 0
ROCKWELL COLLINS INC 774341101 4 177 SH SOLE 177 0 0
ROWAN COMPANIES INC 779382100 3 155 SH SOLE 155 0 0
ROXIE INC 780008108 0 65 SH SOLE 65 0 0
ROYAL DUTCH PETE CO NY REG
GLD1.25 780257804 367 8313 SH SOLE 6208 0 2105
ROYAL DUTCH PETE CO NY REG
GLD1.25 780257804 141 3200 SH DEFINED 3200 0 0
RUBY TUESDAY INC 781182100 30 1260 SH DEFINED 0 0 1260
9
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
SBC COMMUNICATIONS, INC 78387G103 625 28128 SH SOLE 24330 0 3798
SBC COMMUNICATIONS, INC 78387G103 17 780 SH DEFINED 780 0 0
ST JUDE MEDICAL 790849103 263 4895 SH SOLE 3075 0 1820
SANMINA CORP 800907107 2 306 SH SOLE 306 0 0
SARA LEE CORP COM 803111103 61 3340 SH SOLE 3340 0 0
SCANA CORP NEW 80589M102 223 6512 SH SOLE 4247 0 2265
SCHERING PLOUGH CORP COM 806605101 284 18639 SH SOLE 18639 0 0
SCHERING PLOUGH CORP COM 806605101 289 19000 SH DEFINED 0 19000 0
SCHLUMBERGER LTD COM 806857108 297 6156 SH SOLE 4316 0 1840
THE CHARLES SCHWAB CORP 808513105 17 1500 SH SOLE 1500 0 0
SCRIPPS EW INC NEW CL A 811054204 34 400 SH SOLE 400 0 0
SEARS ROEBUCK & CO COM 812387108 83 1920 SH SOLE 1920 0 0
SEARS ROEBUCK & CO COM 812387108 7 167 SH DEFINED 167 0 0
SELIGMAN SELECT MUN FD INC 816344105 13 1250 SH SOLE 1250 0 0
SEROLOGICALS CORP 817523103 3 235 SH SOLE 235 0 0
SERVICEMASTER COMPANY COM 81760N109 77 7593 SH SOLE 7593 0 0
SHELL TRANS & TRADING PLCNEW
YRK SH NEW 822703609 67 1800 SH DEFINED 1800 0 0
SHERWIN WILLIAMS CO COM 824348106 32 1100 SH SOLE 1100 0 0
SIEMENS AG SPONS ADR 826197501 3 55 SH SOLE 55 0 0
SIMMONS 1ST NATL CORP CL A $5
PAR 828730200 303 13200 SH SOLE 13200 0 0
SIMMONS 1ST NATL CORP CL A $5
PAR 828730200 11 500 SH DEFINED 500 0 0
SIMON PROPERTY GROUP INC 828806109 311 7155 SH SOLE 4705 0 2450
SIRIUS SATTELITE RADIO 82966U103 18 10000 SH SOLE 10000 0 0
SKYWORKS SOLUTIONS 83088M102 0 61 SH SOLE 61 0 0
SMUCKER J M CO 832696405 0 18 SH SOLE 18 0 0
SMURFIT-STONE CONTAINER CORP 832727101 7 495 SH SOLE 495 0 0
SNAP ON INC 833034101 4 145 SH SOLE 145 0 0
SOLUTIA INC COM 834376105 1 500 SH SOLE 500 0 0
SONIC WALL INC 835470105 5 910 SH SOLE 910 0 0
SONY CORP 835699307 34 1000 SH DEFINED 1000 0 0
SOUTHERN CO COM 842587107 567 19359 SH SOLE 19359 0 0
SOUTHERN CO COM 842587107 76 2600 SH DEFINED 2600 0 0
SOUTHWEST AIRLS CO COM 844741108 8 505 SH SOLE 505 0 0
SPINNAKER EXPLORATION CO 84855W109 2 115 SH SOLE 115 0 0
SPRINT CORP COM FON
GROUP 852061100 845 56000 SH SOLE 56000 0 0
STANCORP FINANCIAL GROUP 852891100 2 50 SH SOLE 50 0 0
STARBUCKS CORP 855244109 21 744 SH SOLE 744 0 0
STEWART ENTERPRISES 860370105 15 4000 SH SOLE 4000 0 0
STONE ENERGY CORP 861642106 3 95 SH SOLE 95 0 0
SUN LIFE FINANCIAL 866796105 294 13617 SH SOLE 13617 0 0
SUN MICROSYSTEMS 866810104 5 1700 SH SOLE 1700 0 0
SUNGARD DATA SYSTEMS 867363103 197 7525 SH SOLE 7130 0 395
SUNOCO INC 86764P109 40 1000 SH SOLE 1000 0 0
SUNTRUST BANKS INC COM 867914103 60 1005 SH SOLE 1005 0 0
SYNOVUS FINL CORP 87161C105 28 1125 SH SOLE 1125 0 0
TDC A/S SPONSORED ADR 87236N102 3 210 SH SOLE 210 0 0
TECO ENERGY INC COM 872375100 4 300 SH SOLE 300 0 0
TXU CORP 873168108 35 1500 SH SOLE 1500 0 0
TARGET CORP 87612E106 284 7557 SH SOLE 5432 0 2125
TARGET CORP 87612E106 15 400 SH DEFINED 400 0 0
TELEFONICA SA SPONSORED
ADR 879382208 3 90 SH SOLE 90 0 0
TELLABS INC DELAWARE 879664100 4 600 SH SOLE 600 0 0
TELLABS INC DELAWARE 879664100 1 200 SH DEFINED 200 0 0
TENNECO AUTOMOTIVE NW 880349105 0 150 SH SOLE 150 0 0
TEVA PHARMACEUTICAL IND
ADR'S 881624209 14 249 SH SOLE 249 0 0
TEXAS GENCO HOLDINGS INC. 882443104 0 25 SH SOLE 25 0 0
TEXAS GENCO HOLDINGS INC. 882443104 3 128 SH DEFINED 128 0 0
TEXAS INSTRUMENTS 882508104 27 1200 SH SOLE 1200 0 0
TEXTRON INCORPORATED COMM 883203101 244 6198 SH SOLE 3725 0 2473
THOMAS & BETTS CORP COM 884315102 3 200 SH SOLE 200 0 0
THORNBURG MORTGAGE INC 885218107 7 300 SH SOLE 300 0 0
3M CO 88579Y101 355 5142 SH SOLE 4352 0 790
TIFFANY & CO NEW 886547108 82 2200 SH SOLE 2200 0 0
TOTAL FINA ELF S.A. ADR 89151E109 3 40 SH SOLE 40 0 0
TOYOTA MOTOR CORP ADR NEW 892331307 3 60 SH SOLE 60 0 0
10
VOTING AUTHORITY
TITLE OF VALUE SHRS OR SH/ PCT/ INVESTMENT OTHER ------------------------
NAMES OF ISSUER CLASS CUSIP [X$1000] PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
---------------------------- --------- --------- -------- -------- --- ---- ---------- -------- ------- ------ ------
TRAVELERS PROPERTY CASUALTY
CORP CL A 89420G109 13 831 SH SOLE 831 0 0
TRAVELERS PROPERTY CASUALTY
CORP CL A 89420G109 5 350 SH DEFINED 350 0 0
TRAVELERS PPTY & CAS CORP NEW
CLASS B 89420G406 8 539 SH SOLE 539 0 0
TRAVELERS PPTY & CAS CORP NEW
CLASS B 89420G406 11 720 SH DEFINED 720 0 0
TRIAD HOSPS INC 89579K109 2 80 SH SOLE 80 0 0
TRIBUNE COMPANY 896047107 55 1200 SH SOLE 1200 0 0
TRUSTMARK CORP COM 898402102 631 23288 SH SOLE 23288 0 0
TRUSTMARK CORP COM 898402102 27 1000 SH DEFINED 1000 0 0
TYCO INTL LTD NEW COM 902124106 7 350 SH SOLE 350 0 0
TYSON FOODS INC CL A 902494103 10 750 SH SOLE 0 0 750
TYSON FOODS INC CL A 902494103 211 15000 SH DEFINED 15000 0 0
UST INC COMMON STOCK 902911106 1 50 SH SOLE 0 0 50
USA TRUCK INC -RESTRICTED 902925106 837 71498 SH SOLE 71498 0 0
US BANCORP DEL NEW 902973304 10 441 SH SOLE 359 0 82
US UNWIRED INC 90338R104 5 5000 SH SOLE 5000 0 0
ULTRATECH STEPPER INC 904034105 1 65 SH SOLE 65 0 0
UNIFI INC 904677101 2 605 SH SOLE 605 0 0
UNION PACIFIC CORP 907818108 12 222 SH SOLE 200 0 22
UNION PACIFIC CORP 907818108 229 3950 SH DEFINED 150 3800 0
UNION PLANTERS CORP 908068109 1007 31864 SH SOLE 31864 0 0
UNION PLANTERS CORP CONV PFD
SER E 8% 908068307 57 1000 SH SOLE 1000 0 0
UNISYS CORP 909214108 7 531 SH SOLE 531 0 0
UNITED STATIONERS INC 913004107 2 75 SH SOLE 75 0 0
UNIVERSAL ELECTRONICS INC 913483103 1 165 SH SOLE 165 0 0
VERIZON COMMUNICATIONS 92343V104 814 25102 SH SOLE 22331 0 2771
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VIAD CORP 92552R109 8 348 SH SOLE 348 0 0
VIACOM INC CL B 925524308 79 2071 SH SOLE 1905 0 166
VIACOM INC CL B 925524308 12 325 SH DEFINED 325 0 0
VISTEON CORP 92839U107 0 75 SH SOLE 75 0 0
VODAFONE GROUP PLC NEW 92857W100 86 4259 SH SOLE 4259 0 0
W.P.CAREY & CO., LLC 92930Y107 78 2474 SH SOLE 2474 0 0
WACHOVIA CORP 2ND NEW 929903102 425 10330 SH SOLE 10269 0 61
WACHOVIA CORP 2ND NEW 929903102 20 500 SH DEFINED 500 0 0
WAL MART STORES INC COM 931142103 2674 47896 SH SOLE 44521 0 3375
WAL MART STORES INC COM 931142103 256 4586 SH DEFINED 1486 3000 100
WALGREEN CO COM 931422109 247 8094 SH SOLE 5909 0 2185
WASHINGTON MUTUAL INC 939322103 25 649 SH SOLE 600 0 49
WASTE MANAGEMENT INC NEW 94106L109 125 4803 SH SOLE 2375 0 2428
WASTE MANAGEMENT INC NEW 94106L109 0 1 SH DEFINED 0 0 1
WATSON WYATT & CO HLDGS CLASS A 942712100 3 170 SH SOLE 170 0 0
WEBSTER FINANCIAL CORP 947890109 3 90 SH SOLE 90 0 0
WEINGARTEN RLTY INVS SH BEN
INT 948741103 67 1500 SH SOLE 1500 0 0
WELLS FARGO & CO. NEW 949746101 235 4575 SH SOLE 4270 0 305
WELLS FARGO & CO. NEW 949746101 10 200 SH DEFINED 200 0 0
WESTAR ENERGY INC 95709T100 3 200 SH SOLE 200 0 0
WEYERHAEUSER CO COM 962166104 222 3800 SH SOLE 3800 0 0
WHITNEY HOLDING CORP COMMON 966612103 108 3180 SH SOLE 3180 0 0
WILD OATS MKTS INC 96808B107 3 365 SH SOLE 365 0 0
WILLIAMS COMPANY COMMON 969457100 16 1757 SH SOLE 1757 0 0
WYETH 983024100 370 8045 SH SOLE 6735 0 1310
WYETH 983024100 13 300 SH DEFINED 300 0 0
XM SATELLITE 983759101 387 25000 SH SOLE 25000 0 0
XCEL ENERGY INC 98389B100 2 154 SH SOLE 154 0 0
XILINX INC 983919101 2 100 SH SOLE 100 0 0
YANKEE CANDLE CO INC 984757104 4 175 SH SOLE 175 0 0
YUM BRANDS INC 988498101 77 2626 SH SOLE 2626 0 0
ZIMMER HLDGS INC 98956P102 18 328 SH SOLE 328 0 0
ZOLL MEDICAL CORP 989922109 3 115 SH SOLE 115 0 0
GRAND TOTALS 432688 10673059 7459289 3030012 183758
11